News Releases Today Are Typically Distributed Electronically Through Satellite and Web-Based

question 143

True/False

News releases today are typically distributed electronically through satellite and Web-based networks.

---

Definitions:

Advance Payment

Advance Payment is the money paid before it is due or before the goods or services are received, often used to secure orders or as a guarantee against non-payment.

Subsidiary Ledger

A secondary ledger that provides detailed information to support accounts listed in the general ledger, such as customer or vendor details.

Revenue Journal

An accounting ledger that records incoming revenue transactions or sales made by a company.

General Ledger

A complete ledger detailing every fiscal activity during the lifespan of a business.